1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
allsm [11]
3 years ago
12

At the beginning of the year, Rangle Company expected to incur $59,000 of overhead costs in producing 5,900 units of product. Th

e direct material cost is $25 per unit of product. Direct labor cost is $35 per unit. During January, 550 units were produced. The total cost of the units made in January was:
Business
1 answer:
kaheart [24]3 years ago
4 0

Answer: Total cost of the units made in January = $38,500

Explanation:

Given that,

At the beginning of the year, overhead costs = $59,000

Units produced at this cost = 5900 units

Direct material cost = $25 per unit

Direct labor cost = $35 per unit

Units produced during January = 550 units

Predetermined overhead rate = \frac{Total\ expected\ overhead\ cost}{Number\ of\ units}

= \frac{59000}{5900}

= $10 per unit

Now,

Costs incurred in January:

Direct material cost = $25 per unit × 550 units = $13750

Direct labor cost = $35 per unit × 550 units = $19250

Overhead cost = $10 per unit × 550 units = $5500

∴ Total cost of the units made in January = Direct material cost + Direct labor cost + Overhead cost

= 13750 + 19250 + 5500

= $38,500

You might be interested in
What is a demand relationship?
NeX [460]

Answer:

Demand relationship is the relationship between the dominant prices of a good and the quantity that will be bought at that price.

Explanation:

Demand can be defined as the quantity of a good that consumers are ready to purchase at different prices at a given period of time.

The basic demand relationship is between potential prices of a good and the quantities that would be bought at those prices. The relationship is always a negative one, this implies that an increase in price will lead to a decrease in the quantity demanded. This negative relationship is represented in the downward slope of the consumer demand curve. Take for instance, if the price of a bag of rice rises from $10 to a price of $20, this is a huge price increase. This increase forces the consumer to demand less of that product at the price of $20 because the new price is more expensive and also very unreasonable for a bag of rice.

8 0
3 years ago
You are told the column totals in a trial balance are not equal. After careful analysis, you discover only one error. Specifical
Alex777 [14]

Answer:

a. The Debit column is correctly stated.

b. The Credit column is understated by $17,300 ($8,650 * 2).

c. The Automobiles account balance is correctly stated in the trial balance.

d. The Accounts Payable account balance is understated in the trial balance by  $17,300 ($8,650 * 2).

e. If the Debit column total of the trial balance is $200,000 before correcting the error, the total of the Credit column before correction is $182,700.

Explanation:

This mistake is an Error of Commission.  It is a problem of arithmetical accuracy, for example, posting to the wrong side of one ledger account.  In this case, the Accounts Payable should have been credited with the amount of $8,650.  As an arithmetic error, it can only be corrected by doubling the affected amount on the Credit side of the Accounts Payable account.

3 0
3 years ago
A large multinational organization formed from mergers and acquisitions experienced a lot of disruptive behaviors at all levels.
scZoUnD [109]

Answer:

Option a                            

Explanation:

In simple words, consensus building refers to the process under which different individuals, who will get affected in some way or another from the decision being made, share the views and ideas and prepare a solution that makes maximum benefit and minimal loss to the all.

Such kind of behavior is needed in large organisations where the number of employees working is very high and different individuals have different goals for themselves. Thus, from the above we can conclude that the correct option is A.

3 0
3 years ago
Match each item to the correct document.
Dmitry_Shevchenko [17]

Answer:

transcripts degrees earned

listing of volunteer activities portfolio

presentation done at your last job resume

Explanation:

a transcript is earned after getting a degree

6 0
2 years ago
Jack just bought a car. what risk does he face?
Oxana [17]

Jack can face multiple risks.

He can be injured or killed in a car wreck.

He can injure or kill someone in a car wreck.

Bills.

Car note.

Gas Money

Tickets.

Parking.

Hope this helps Buddy!



- Courtney

4 0
3 years ago
Read 2 more answers
Other questions:
  • Turnbull Corp. is in the process of constructing a new plant at a cost of $30 million. It expects the project to generate cash f
    13·2 answers
  • In an equipment replacement decision, the cost of the old equipment is a(n)
    8·1 answer
  • Use the following data to determine the total dollar amount of assets to be classified as current assets.Koonce Office SuppliesB
    12·1 answer
  • An actor invests some money at 99​%, and 45000 more than four timesfour times the amount at 12%. The total annual interest earne
    5·1 answer
  • Operating income and tax rates for C.J. Company’s first three years of operations were as
    8·1 answer
  • What is happening to the economy in the United States? Why?
    9·1 answer
  • What dApp does the author describe as a set of smart contracts that stores data on a home-listing blockchain?
    7·1 answer
  • Three law partners form a Cross-Purchase Buy and Sell agreement. This agreement is funded with individual life insurance. How ma
    14·1 answer
  • A company employing a _______ strategy would create a new product targeted to its current customers.
    6·1 answer
  • After all assets are sold and liabilities are settled, the partnership of Bina and Niren is liquidated. Capital balances are $30
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!